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President Theodore Roosevelt sued 45 companies under the Sherman Act, while William Howard Taft sued 75. In 1902, Roosevelt stopped the formation of the Northern Securities Company, which threatened to monopolize transportation in the Northwest (see Northern Securities Co. v. United States). Antitrust under Roosevelt and Taft
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938 to rescue the U.S. from the Great Depression. It was widely believed that the depression was caused by the inherent market instability and that government ...
Franklin Delano Roosevelt [a] (January 30, 1882 – April 12, 1945), commonly known by his initials FDR, was an American politician who served as the 32nd president of the United States from 1933 until his death in 1945. The longest serving U.S. president, he is the only president to have served more than two terms.
Theodore Roosevelt Jr. [b] (October 27, 1858 – January 6, 1919), often referred to as Teddy or T. R., was an American politician, soldier, conservationist, naturalist, and writer who served as the 26th president of the United States from 1901 to 1909. He was previously active in New York politics and served as the state's 33rd governor for ...
The Reconstruction Finance Corporation ( RFC) was an independent agency of the United States federal government that served as a lender of last resort to US banks and businesses. Established in 1932 by the Hoover administration to restore public confidence in the economy and banking to their pre- Depression levels, the RFC provided financial ...
The company was sued in 1902 under the Sherman Antitrust Act of 1890 by the Justice Department under President Theodore Roosevelt, one of the first antitrust cases filed against corporate interests instead of labor. The government won its case, and the company was dissolved, so that the three railroads again operated independently.
The presidency of Theodore Roosevelt started on September 14, 1901, when Theodore Roosevelt became the 26th president of the United States upon the assassination of President William McKinley, and ended on March 4, 1909. Roosevelt had been the vice president for only 194 days when he succeeded to the presidency.
Front page of the National Industrial Recovery Act, as signed by President Franklin D. Roosevelt on June 16, 1933. The National Industrial Recovery Act of 1933 ( NIRA) was a US labor law and consumer law passed by the 73rd US Congress to authorize the president to regulate industry for fair wages and prices that would stimulate economic recovery.